We use cookies and other similar technologies (Cookies) to enhance your experience and to provide you with relevant content and ads. By using our website, you are agreeing to the use of Cookies. You can change your settings at any time. Cookie Policy.
Start a Discussion
BI
user-pic

What key developments do you see for BI in 2011?

Vote 0 Votes
Last week the question was, What was the most important development for BI in 2010, so looking forward, what key developments do you see ahead for BI in 2011?

8 Replies

| Add a Reply
  • I see BI being assimilated more naturally within a lot more products. I think BI has shown us the kind of information manager want to digest, but what they really want is this information coming from their core systems directly and without the need to have someone put together lengthy reports based on cubes etc etc

    I think no doubt we will see more "core" business apps such as CRM provide BI type functionality, and in an easier to digest format

  • This is more my fervent hope rather than a prediction for what will happen in 2011. I hope there will be easier to configure and use ETL tools, especially those that work with many heterogeneous backends since this is likely to be the bottleneck in many BI efforts. Individual functional systems can verye asily incorporate BI like functions within them. It's when you go across them and try and integrate out-of-the-company databases that you run into trouble. For example, if I am a retailer and I want to correlate my profit margins per SKU against Per Capita Income of various zip codes in the US, there may be the financial systems, POS systems and an external database involved - per capita income by zipcodes. Many companies still struggle with not finding easier ways of doing ETL across these kinds of systems. Many of the inputs are ad-hoc and may even be in a large spreadsheet. This will be the biggest contribution BI companies can make to truly help companies realize ROI.

  • Apologies for the alphabet soup, but (similar to Andrew's comment) I think there will be more / continued convergence of BI, MDM, and BPM. Information used in business decision-making needs to be current, complete, and correct, and it needs to be delivered to the right user or system, at the right time, in the right format and context.

  • I'll agree with the previous 3 respondents and try to add some context. We've entered the 3rd generation of business intelligence and its hallmark will be a simpler and broader use of BI where and when it is needed.

    Fundamentally the 3rd generation is about web-based network-centricity which allows a variety BI tasks to be performed more quickly. It means superior integration of reports and analysis within production application systems so insight reaches more knowledge workers. It also means faster data integration, to move from "data to dashboards" with far greater ease than in the first two generations of BI. Lastly, 3rd generation BI is about integration with collaborative and process-oriented systems, enabling chunks of time and cost to be removed from a business setting by presenting and acting on data at key points of decision.

    I believe this 3rd generation of BI will become even more common in 2011 and I believe it will NOT be led by the vendors who built the first two generations of BI.

    Brian Gentile
    Chief Executive Officer
    Jaspersoft

  • How about this:

    1. Extinction looms for any remaining folk who still think BI is just about static reports on operational databases...

    2. BI will continue to merge with analytics (statistical analysis of the data) and real-time operational technologies (BAM, dashboards etc).

    3. BI will become increasingly relevant by increasing links to strategic automation technologies (business rules, semantics, decision automation etc).

    My 2 cents !

  • One of the greatest developments for BI in 2011 would be the continued pressure to simplify user access to answers they need to run their slice of the business. With more decision makers requiring direct access to analytic s, vendors are responding by making BI easier to use. As those "self-service" capabilities continue to be enhanced, I expect that the users will demand and expect more than an easy-to-use interface. Pressure will continue to mount for vendors to innovate to deliver the flexibility and agility business requires, something I blogged about recently. Continuing to think different about how we, as vendors, approach the technology to deliver solutions that both have the front-end usability as well as the flexibility with data management that allows organizations to adapt to change is a great path to stay on for 2011.

  • Top items in my mind as developments in BI for 2011 are:

    1) User Experience from BI environment is bound to improve drastically - Mobile BI, Improved Visualization, In-Memory Analytics, Column-based stores, Embedded BI, etc. will play a role in providing faster & better analytics to business users.

    2) Data management will be increasingly based on a Divide & Conquer strategy - Cloud BI, Federated structures, Massive on-premise data stores, functional data marts all will have a presence in the enterprise BI landscape. The trick is to keep them all synchronized with a comprehensive information strategy.

    3) More people in an organization will look towards BI to answer questions about the future state of their enterprises - In simple words, Forecasting, Predictive Analytics & Optimization will play a far greater role in decision making

    4) BI systems will be part of a collaborative ecosystem comprising of itself, BPM, EAI, PLM, SOA, ECM etc. with each one playing its part in getting the right information to the right user/system, at the right time.

    5) Real time BI will be a key use case for many areas in an organization - The sum of data latency, analysis latency & action latency (which defines how real-time BI can get) will tend towards zero as BI components directly plug into physical devices & systems, to make the whole process automated.

    Wish you all a Merry Christmas and a Very Happy New Year!

  • As with Nari, I hope many changes will occur for BI in 2011. Many factors, though, hinge on data owners to invest in significant yet simple BI changes over the next year. As someone posted recently in twitter, “BI? is when someone shares an excel spreadsheet with another. The BI community needs to understand why changes and adoption continues to be slower than expected. Is the BI industry making “BI? too complicated, or do data managers need to become more savvy in their construction of business intelligence in their organization? Either way, it’s an education problem which can be fixed.

    In 2011, I see data floods forcing data owners to understand cutting-edge BI techniques. In addition, we will see data and information quality elevate as data owners distinguish between misguided insights and accurate “business intelligence.? In addition, I see BI vendors begin to simplify their offerings to cater towards that “excel? demographic. While many BI tools are neat to play with, many can be overwhelming to a timid data owner. BI Tools will continue to ensure high data quality amongst extremely large (and always growing) data sets.

    Gartner’s prediction of 650% growth in data in five years will force BI to simplify and to rectify data quality issues.

Add a Reply

Recently Commented On

Monthly Archives

Blogs

ADVERTISEMENT